1Z0-982 Oracle Enterprise Planning and Budgeting Cloud Service 2017 Implementation Essentials

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Duration: 120
Number of Questions:  80
Passing Score: 67%
View passing score policy Validated Against:
Exam has been validated against Enterprise Planning and Budgeting Cloud 2017
Format: Multiple Choice

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Oracle Enterprise Performance Management Cloud Learning Subscription

Additional Preparation and Information

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Oracle Planning and Budgeting Cloud Learning Subscription
Our certification exams are revised regularly to align with training and product release updates. Information about exam revisions and new topics are found on this page under ‘Validated Statement’ and within the exam topics below. Certifications reflect validated skills for year and product release version date of achievement. If you are preparing for this exam, we recommend you check these topics periodically to ensure your exam prep covers any new topics that may be added based on regular exam revision.

Planning and Budgeting Cloud Overview
Describe Planning and Budgeting Cloud system architecture and requirements
Identify deployment use cases
Describe Planning Cloud and related components

Oracle EPM Cloud Foundation
Set up and configure Cloud security
Build EPM Cloud automation routines – Job Scheduler, EPMAutomate
Build integrations across systems and services – Integrated EPM Business Processes, REST APIs
Perform lifecycle management for different scenarios

Data Management
Describe use cases for Data Management
Perform administration tasks: predefine system setting profiles, set up source systems, register target applications, set up drill through
Set up definitions for import format, locations, period mappings, category mappings
Perform loading data tasks: create member mappings, define data load rules, run or schedule data load rules

Setting up a Planning application
Create a Planning application
Design application framework (metadata and user-defined elements)
Design and implement importing and exporting metadata
Set up multicurrency application
Customize predefined artifacts and navigation flows

Business Processes / Frameworks
Describe best practice Enterprise Planning framework
Convert on-premises Planning / PBCS application to EPCS application
Perform Planning and Forecasting Preparation configuration task for initial model enablement and updates
Explain role of Data Load template and how to use templates for each business process
Diagnose enabled business process features for impact on application elements (members, forms, calculations)
Design extensions to business process model and identify impact on elements and adjustments post calculation – e.g., custom dimensions, varying trend / inflation by period, additional Plan Element members
Design when / how to use the custom BSO and ASO plan types alongside the EPBCS plan types
Deploy Data Maps and Smart Push for out of box integration between the business processes and reporting

Financials
Enable and configure Financials business process elements and perform post configuration tasks
Set up and customize chart of accounts within prebuilt Account dimension structure
Diagnose how Plan Element dimension interacts with the driver-based account calculations
Diagnose the calculation model and how Income Statement, Balance Sheet and Cash Flow are integrated based on the different options available
Design integration between Projects, Workforce and Capital to Financials

Workforce
Enable and configure Workforce business process elements and perform post configuration tasks
Set up metadata – accounts (Salary Grades, Taxes, Benefits, and Additional Earnings) and drivers, and employee components (Employee, Job, Skillset, Union Code etc.)
Configure Compensation Planning – execute Benefits and Taxes Wizard and set workforce global assumptions
Perform loading employee data and execute Process Loaded Data rule
Manage and execute employee calculations and other default calculations (incl. Synchronize rules)
Deploy Workforce Data Maps with included ASO Reporting Cube

Capital
Enable and configure Capital business process elements and perform post configuration tasks
Set up metadata – accounts and drivers

Projects
Describe types of projects and impact on Financials
Enable and configure Projects business process elements and perform post configuration tasks
Set up metadata – accounts and drivers (project-related expenses, benefits, capitalization, revenue recognition, earned value measurement, resource utilization), global project assumptions

Strategic Modeling
Describe Strategic Modeling framework within PBCS/EPBCS
Create strategic models
Perform what-if analysis with scenarios

Building out a Planning Application
Set up Planning security
Load and calculate data
Create and enhance data forms

Designing Business Rules
Explain planning methods: driver-based, trend-based planning, and direct input
Create a business rule using design components
Create and use templates
Administer Essbase Servers, applications, and databases for Planning applications

Using Planning Web
Describe how to analyze data using sandboxes

Using Smart View
Describe Smart View and EPM Cloud extensions
Analyze data using ad hoc and Smart Forms
Administer Planning

Designing Reports and Documents
Design reports using Financial Reporting Studio

QUESTION 1
A company wants to enable Cash Flow within the Financials framework using a derived method based on Operating, Investing, and Financing activities.

Which four options must be enabled to properly configure the Cash Flow Statement this way? (Choose four.)

A. Balance Sheet
B. Cash Flow Statement
C. Direct Method
D. Indirect Method
E. Income Statement
F. Expense

Answer: A,B,D,E

Explanation:
Enabling Financials Features: Cash Flow Statement
The Indirect Method derives cash flow from Operating, Investing and Financing activities. To use this method, you must
also enable Income Statement, and Balance Sheet.

QUESTION 2
Which two operations can be completed in calculation manager? (Choose two.)

A. View and kill requests
B. Delete a reporting application
C. Restructure a planning application
D. Create planning applications

Answer: A,C

Explanation:

A: The Sessions window lists active user sessions and requests for the server, application, or database. A user can have
more than one session open at any given time. For example, one user may have open sessions on two databases.
If you have Administrator or Application Manager permissions, you can end all requests, end all requests for a user, or
end a specific request.
C: To restructure a database:
References:

Oracle Cloud Designing with Calculation Manager for Oracle Enterprise Performance Management Cloud, page 12-21

QUESTION 3
Which two are use cases for Smart Push? (Choose two.)

A. Allow the application to determine when it is best to synchronize data
B. Allow users to update data in another cube on-demand
C. Allow users to update data in a reporting cube upon saving data in the planning web form
D. Allow users to schedule when to synchronize data between cubes
Answer: B,C

Explanation:
Without Smart Push, the data from your cubes would be moved to the reporting cube through scheduled jobs. Smart
Push allows the data to be moved to the reporting cube almost immediately.
You define whether Smart Push will be automatic or manual.

QUESTION 4
Which two statements are true about EPMAutomate functions? (Choose two.)

A. Copy snapshot must use an encrypted password file
B. Downloading a file with only a file name looks to the Inbox folder
C. Deletepov removes data from a reporting application
D. Resetservice deletes and resets the PBCS instance
Answer: A,C

Explanation:
A: epmautomate copysnapshotfrominstance SNAPSHOT_NAME USERNAME PASSWORD_FILE URL
IDENTITYDOMAIN,where:
PASSWORD_FILE is the name and location of the file containing the encrypted password of the Service Administrator
of the source environment.

QUESTION 5
After enabling the Financials framework, which three are recommended configuration tasks? (Choose three.)

A. Adding custom expense driver categories
B. Completing Planning and Forecast Preparation
C. Setting up exchange rates (for multicurrency applications)
D. Adding custom dimensions
E. Removing custom dimensions

Answer: A,B,D

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